Search Results - subject:"stochastic budgeting"

Risk and the decision to produce biomass crops: a stochastic analysis

Clancy, Daragh; Breen, James P.; Thorne, Fiona S.; … - Agricultural Economics Society - AES - 2010

production lifespan may only serve to heighten the level of risk that affects key variables. A stochastic budgeting model is used …

Persistent link: https://www.econbiz.de/10008539741

Assisting Whole-Farm Decision-Making Through Stochastic Budgeting

Lien, Gudbrand D. - European Association of Agricultural Economists - EAAE - 2002

Stochastic budgeting is used to simulate the business and financial risk and the performance over a six-year planning …

Persistent link: https://www.econbiz.de/10005525718

Risk Aversion and Optimal Rotation: a Stochastic Efficiency Approach

Lien, Gudbrand; Stordal, Stale; Hardaker, J. Brian - In: Scandinavian Forest Economics: Proceedings of the …, 40

A new stochastic efficiency analysis approach, called stochastic efficiency with respect to a function (SERF), that partitions a set of risky alternatives in terms of certainty equivalents (CEs) for a specified range of attitudes to risk, is applied to analyse average optimal rotation strategies...

Persistent link: https://www.econbiz.de/10011168094